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North Carolina · Nonprofit

MARTIN LUTHER KING JR ASSOCIATION OF ASHEVILLE & BUNCOMBE COUNTY

MARTIN LUTHER KING JR ASSOCIATION OF ASHEVILLE & BUNCOMBE COUNTY (North Carolina) receives grants from 6 organizations whose IRS filings report $128,388 to it, the largest being THE COMMUNITY FOUNDATION OF WESTERN NORTH CAROLINA INC ($47,925). 2 of them have funded it in more than one year.

Revenue FY2025
$141k
Funders on record
6
Grants received
$128k
Net assets
$14k
2/6 repeat funderspeak grant-dependency 64%
01What it does

What Martin Luther King Jr Association of Asheville & Buncombe County does

Mission

Dedicated to advancing and preserving the legacy of dr martin luther king jr

As stated on its FY2025 Form 990-EZ.

Programs

  1. Dr martin luther king jr annual prayer breakfast; scholarship funds raised; 1200 breakfast participants including scholarship recipients benefited

    $51,860 spent
    63% of program spending
  2. Dr martin luther king jr peace march and candlelight services: 900-1000 participants benefited; rosa parks and john lewis awards ceremonies: benefited 100-125 participants

    $9,083 spent
    11% of program spending
  3. Juneteenth 2025 community celebration: public event over 7 days

    $18,819 spent
    23% of program spending
  4. Other program services

    $2,140 spent
    3% of program spending

The 4 programs described on its FY2024 Form 990-EZ. Program spending in total: $81,902.

02The organization over time

The organization over time

Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20202020 Revenue 100 ($142k) Expenses 100 ($75k) Net assets 100 ($66k)2021 Revenue 50 ($71k) Expenses 65 ($49k) Net assets 133 ($89k)2022 Revenue 52 ($73k) Expenses 97 ($73k) Net assets 24 ($16k)2023 Revenue 107 ($152k) Expenses 283 ($213k) Net assets -16 ($-10598)2024 Revenue 40 ($57k) Expenses 141 ($106k) Net assets -90 ($-59903)2025 Revenue 100 ($141k) Expenses 170 ($128k) Net assets 21 ($14k)
202020212022202320242025
Revenue (100)Expenses (170)Net assets (21)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $89k to $16k (−82%).

$66k
$89k
$16k
$0
$0
$14k
202020212022202320242025
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

79% of MARTIN LUTHER KING JR ASSOCIATION OF ASHEVILLE & BUNCOMBE COUNTY’s revenue is contributions — more earned-revenue than three-quarters of its peers (99% for the typical peer).

This organization
Typical peer · 1,975 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 6 reported years ran a deficit.

$66k
’20
$22k
’21
$307
’22
−$62k
’23
−$49k
’24
$14k
’25
03Who funds it

Who funds it, year by year

2018 → 2023: the base held at 1 funder, grant income fell $22k → $8k.

2 of 6 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 45% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of MARTIN LUTHER KING JR ASSOCIATION OF ASHEVILLE & BUNCOMBE COUNTY’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

MARTIN LUTHER KING JR ASSOCIATION OF ASHEVILLE & BUNCOMBE COUNTY leans on a few funders — its largest provides 37% of grant income and the top three 70%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

84% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund MARTIN LUTHER KING JR ASSOCIATION OF ASHEVILLE & BUNCOMBE COUNTY.

37%
largest funder
70%
top three
~4
effective funders

Largest funder’s share by year: 2018 100% · 2020 67% · 2021 89% · 2022 100% · 2023 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

68% of MARTIN LUTHER KING JR ASSOCIATION OF ASHEVILLE & BUNCOMBE COUNTY's grant income comes from North Carolina funders.

NC
FL

In-state vs out-of-state, by year

’18
’20
’21
’23
North Carolina out of state home

Funder states come from each funder’s own filing. $58k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

MARTIN LUTHER KING JR ASSOCIATION OF ASHEVILLE & BUNCOMBE COUNTY runs a healthier operating margin than half of the 904 civil rights nonprofits its size.

Operating margin10% · above the median
Revenue growth (annualized)−0% · below the median

this organization peer median middle 50% of peers· 904 civil rights nonprofits $100k–$1M, FY2025

Organizations like MARTIN LUTHER KING JR ASSOCIATION OF ASHEVILLE & BUNCOMBE COUNTY

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In North Carolina

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for MARTIN LUTHER KING JR ASSOCIATION OF ASHEVILLE & BUNCOMBE COUNTY: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds MARTIN LUTHER KING JR ASSOCIATION OF ASHEVILLE & BUNCOMBE COUNTY?
MARTIN LUTHER KING JR ASSOCIATION OF ASHEVILLE & BUNCOMBE COUNTY (North Carolina) receives grants from 6 organizations whose IRS filings report $128,388 to it, the largest being THE COMMUNITY FOUNDATION OF WESTERN NORTH CAROLINA INC ($47,925). 2 of them have funded it in more than one year.
How many funders does MARTIN LUTHER KING JR ASSOCIATION OF ASHEVILLE & BUNCOMBE COUNTY have?
IRS filings report 6 organizations giving $128,388 in grants to MARTIN LUTHER KING JR ASSOCIATION OF ASHEVILLE & BUNCOMBE COUNTY, 2 of which have funded it in more than one year.
Who is the largest funder of MARTIN LUTHER KING JR ASSOCIATION OF ASHEVILLE & BUNCOMBE COUNTY?
THE COMMUNITY FOUNDATION OF WESTERN NORTH CAROLINA INC is the largest funder on record, with $47,925 in grants. The full list of funders is on this page.
How can an organization like MARTIN LUTHER KING JR ASSOCIATION OF ASHEVILLE & BUNCOMBE COUNTY find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in North Carolina. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Martin Luther King Jr Association of Asheville & Buncombe County →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2020–2025), and the filings of 6 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing